Duke Energy Corporation $DUK Stock Sold by Philadelphia Trust Co.

Philadelphia Trust Co. trimmed its position in shares of Duke Energy Corporation (NYSE:DUK) by 21.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 38,080 shares of the utilities provider’s stock after selling 10,489 shares during the period. Philadelphia Trust Co.’s holdings in Duke Energy were worth $4,342,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Bank of New York Mellon Corp acquired a new position in Duke Energy in the second quarter valued at $605,680,000. Janus Henderson Group PLC increased its stake in Duke Energy by 5,254.4% during the first quarter. Janus Henderson Group PLC now owns 2,735,816 shares of the utilities provider’s stock worth $358,227,000 after acquiring an additional 2,684,721 shares during the last quarter. Swiss National Bank increased its stake in Duke Energy by 7.1% during the first quarter. Swiss National Bank now owns 2,282,341 shares of the utilities provider’s stock worth $298,850,000 after acquiring an additional 151,400 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Duke Energy by 2.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,092,284 shares of the utilities provider’s stock worth $273,979,000 after purchasing an additional 58,967 shares during the period. Finally, National Pension Service raised its holdings in shares of Duke Energy by 1.8% in the 2nd quarter. National Pension Service now owns 2,124,004 shares of the utilities provider’s stock worth $268,856,000 after purchasing an additional 36,835 shares during the period. 65.31% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Duke Energy

In related news, EVP Bonnie Titone sold 2,900 shares of the stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $128.00, for a total value of $371,200.00. Following the completion of the transaction, the executive vice president owned 26,111 shares of the company’s stock, valued at approximately $3,342,208. This represents a 10.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.12% of the company’s stock.

Duke Energy Price Performance

DUK stock opened at $128.96 on Wednesday. The firm has a market cap of $100.55 billion, a P/E ratio of 18.85, a price-to-earnings-growth ratio of 2.99 and a beta of 0.33. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.44 and a current ratio of 0.68. Duke Energy Corporation has a 1 year low of $112.40 and a 1 year high of $134.49. The stock has a 50-day simple moving average of $120.18 and a 200-day simple moving average of $124.61.

Duke Energy (NYSE:DUK) last released its quarterly earnings results on Thursday, November 5th. The utilities provider reported $1.99 EPS for the quarter, topping the consensus estimate of $1.86 by $0.13. The firm had revenue of $9.10 billion for the quarter, compared to analyst estimates of $8.91 billion. Duke Energy had a return on equity of 9.82% and a net margin of 15.94%. Duke Energy’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.81 EPS. On average, equities analysts predict that Duke Energy Corporation will post 6.72 earnings per share for the current fiscal year.

Duke Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Stockholders of record on Friday, November 13th will be given a dividend of $1.0850 per share. This represents a $4.34 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Friday, November 13th. Duke Energy’s payout ratio is presently 63.45%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DUK. Wall Street Zen cut Duke Energy from a “hold” rating to a “sell” rating in a report on Saturday. Mizuho set a $136.00 price target on shares of Duke Energy in a report on Wednesday, August 5th. Barclays cut their price target on shares of Duke Energy from $132.00 to $124.00 and set an “overweight” rating on the stock in a report on Friday, October 9th. JPMorgan Chase & Co. reduced their price target on shares of Duke Energy from $137.00 to $130.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 13th. Finally, KeyCorp decreased their price objective on shares of Duke Energy from $139.00 to $128.00 and set an “overweight” rating for the company in a research note on Tuesday, October 13th. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Duke Energy has a consensus rating of “Moderate Buy” and an average target price of $132.19.

Duke Energy News Roundup

Here are the key news stories impacting Duke Energy this week:

• Positive Sentiment: Duke Energy Florida filed plans for four solar sites targeted for completion by mid-2028, projecting $1 billion in customer savings. The projects could support the utility’s generation plans, though they still require regulatory approval. Duke Energy Florida plans four new solar energy sites
• Positive Sentiment: U.S. power demand is expected to set records in 2026 and 2027 as AI use expands. Greater demand could create long-term opportunities for Duke Energy, although the benefit depends on the company’s ability to add capacity and serve large customers. U.S. power demand to beat record highs
• Neutral Sentiment: Duke Energy reached an agreement on customer protections for data centers in North Carolina. The safeguards may address concerns about shifting costs to households, while potentially shaping the terms and economics of serving major new customers. Duke Energy reaches agreement on data center customer protections
• Neutral Sentiment: Davidson County is weighing a large rezoning request for a proposed Duke Energy natural-gas complex. The project could add generation capacity, but its progress depends on local approval. Davidson County weighs rezoning for Duke Energy gas complex
• Negative Sentiment: Florida regulators rejected Duke Energy’s data-center plan, citing risks to consumers. The decision could delay or prevent the company from capturing expected demand from a large customer and highlights regulatory scrutiny over who pays for infrastructure. Florida regulators reject Duke Energy data center plan

Duke Energy Profile

Duke Energy is a U.S. energy company focused primarily on regulated electric utilities and natural gas distribution. Its businesses generate, transmit and distribute electricity, and provide natural gas service to residential, commercial and industrial customers. The company serves electric customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. Its natural gas distribution operations serve customers in several states, including North Carolina, South Carolina, Ohio, Kentucky and Tennessee.